Bks Advisors buys $2,733,966 stake in Ulta Salon Cosmetics & Fragrance (ULTA)

Ulta Salon Cosmetics & Fragrance (ULTA) : Bks Advisors scooped up 3,400 additional shares in Ulta Salon Cosmetics & Fragrance during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 10,280 shares of Ulta Salon Cosmetics & Fragrance which is valued at $2,733,966.Ulta Salon Cosmetics & Fragrance makes up approximately 1.34% of Bks Advisors’s portfolio.

Other Hedge Funds, Including , Commerce Bank reduced its stake in ULTA by selling 601 shares or 20.48% in the most recent quarter. The Hedge Fund company now holds 2,333 shares of ULTA which is valued at $620,461. Ulta Salon Cosmetics & Fragrance makes up approx 0.01% of Commerce Bank’s portfolio.William Blair Investment Management boosted its stake in ULTA in the latest quarter, The investment management firm added 12,904 additional shares and now holds a total of 685,231 shares of Ulta Salon Cosmetics & Fragrance which is valued at $182,237,184. Ulta Salon Cosmetics & Fragrance makes up approx 0.68% of William Blair Investment Management’s portfolio.I.g. Investment Management Ltd. reduced its stake in ULTA by selling 26,207 shares or 33.87% in the most recent quarter. The Hedge Fund company now holds 51,174 shares of ULTA which is valued at $13,425,499. Ulta Salon Cosmetics & Fragrance makes up approx 0.05% of I.g. Investment Management Ltd.’s portfolio.Aeris Capital Holding Gmbh reduced its stake in ULTA by selling 19,153 shares or 53.69% in the most recent quarter. The Hedge Fund company now holds 16,522 shares of ULTA which is valued at $4,334,547. Ulta Salon Cosmetics & Fragrance makes up approx 1.72% of Aeris Capital Holding Gmbh’s portfolio.Bb&t Securities reduced its stake in ULTA by selling 122 shares or 8.71% in the most recent quarter. The Hedge Fund company now holds 1,279 shares of ULTA which is valued at $335,546. Ulta Salon Cosmetics & Fragrance makes up approx 0.01% of Bb&t Securities’s portfolio.

Ulta Salon Cosmetics & Fragrance closed down -0.11 points or -0.04% at $265.79 with 4,94,767 shares getting traded on Wednesday. Post opening the session at $265.48, the shares hit an intraday low of $263.02 and an intraday high of $266 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Ulta Salon Cosmetics & Fragrance reported $1.45 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on May 26, 2016. Analyst had a consensus of $1.29. The company had revenue of $1074.00 million for the quarter, compared to analysts expectations of $1030.55 million. The company’s revenue was up 23.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS.

Many Wall Street Analysts have commented on Ulta Salon Cosmetics & Fragrance. Ulta Salon Cosmetics & Fragrance was Resumed by Stifel to “Hold” on Jul 12, 2016. Company shares were Reiterated by Telsey Advisory Group on May 27, 2016 to “Outperform”, Firm has raised the Price Target to $ 265 from a previous price target of $215 .Company shares were Reiterated by RBC Capital Mkts on May 27, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 225 from a previous price target of $180 .

Ulta Salon Cosmetics & Fragrance Inc. (Ulta) is a beauty retailer. The Company provides salon products and salon services in the United States. It offers a combination of more than 20000 prestige and mass beauty products. As of January 31 2015 it operated 774 stores in 47 states. The Company offers products in the categories including cosmetics which includes products for the face eyes cheeks lips and nails; haircare which includes shampoos conditioners styling products and hair accessories; salon styling tools which includes hair dryers curling irons and flat irons; skincare and bath and body which includes products for the face hands and body; fragrance; nail polish and nail care products; men’s skincare haircare and fragrance products; private label consisting of Ulta branded cosmetics skincare bath and body products and haircare and other health and beauty products.

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